One97 Communications, the parent company of Paytm, has announced an operating revenue of Rs 6,900 crore during FY25, down 31% year-on-year from Rs 9,978 crore reported in FY24. 

As per the company's consolidated financial update, revenue from payments services saw a 37% decline to Rs 3,879 crore in FY25 from Rs 6,128 crore reported during FY24. Financial services revenue decreased 15% to Rs 1,703 crore during the FY25, from to Rs 2,004 crore reported in FY24.

On the expense side, employee benefits accounted for the largest share of total costs, amounting to Rs 3,288 crore, compared to Rs 4,589 crore in FY24. On the other hand, payment processing charges costed Rs 2,125 crore in FY25 over Rs 3,280 crore reported during the last fiscal.

Total expenses stood at Rs 9,096 crore during the financial year ended March 31, 2025, compared to Rs 11,645 crore reported a year earlier.

The company reported a net loss of Rs 663 crore for the financial year FY25, down over 50% from Rs 1,422 crore loss reported during the same period last year. 

The Vijay Shekhar Sharma-led company's Q4 FY25 revenue from operations decreased 15.7% to Rs 1,911.5 crore, from Rs 2,267 crore in Q4FY24. 

Employee cost dropped to Rs 748 crore during Q4 from Rs 1,104 crore reported in the year-ago period. 

The Q4 loss stood at Rs 545 crore, compared to Rs 209 crore loss reported during Q4FY24. 

In its exchange filing, the fintech giant said that its founder Vijay Shekhar Sharma gave up 210 million ESOPs (Employee Stock Options) in Q4, leading to a one-time expense of Rs 492 crore.

During Q4 FY 2025, merchant loans distribution stood at Rs 4,315 crore during the quarter, versus Rs 3,831 crore in Q3 FY 2025. 

Whereas, the value of personal loans distributed during Q4 has reduced to Rs 1,422 crore versus Rs 1,746 crore in Q3 FY25, as "our lending partners continued with tightened risk policies, which is in line with the industry trends," Paytm stated.

The outstanding AUM (assets under management) amount for DLG portfolios as on March 31, 2025 is Rs 6,324 crore as compared to Rs 4,244 crore on December 31, 2024.

Paytm's cash balance stood at Rs 12,809 crore as of March 2025, as compared to Rs 12,850 crore as of quarter ending December 2024.